Thirty-nine percent of consumers misunderstand implications, 72 percent with financial advisors will seek guidance from their advisors for 2018 strategies.
A recent study conducted by the Million Dollar Round Table (MDRT) finds many Americans are confused by the implications of recent tax regulation. As a result, consumers are turning to financial advisors to better understand changes and create strategic and protective financial plans.
Forty-two percent of survey respondents indicate they … [Read more...]

Many people are exhausted after tax season. They've been busy tracking down receipts, filing paperwork and meeting deadlines. Many just want a break from numbers for a while.
But it’s an agent's job to steer these weary taxpayers in the right direction. Make the aftermath of Tax Day (April 17) an opportunity to help your customers prepare for Uncle Sam's inevitable visit next year.
The best way to do that is by touting the tax benefits of annuities and other similar insurance and … [Read more...]

Life insurance is more than just a way to pay outstanding debts and end-of-life expenses. Many use it to provide money to their loved ones after they pass. You can even take it a step further and recommend life policies for their wealth transfer tax benefits.
These days, individuals can transfer their assets to their heirs using several different means. Annuities, 401(k)s, IRAs, trust funds, cash accounts, and other investment vehicles all allow the owner or account creator to designate … [Read more...]